Loan scam: Case against education consultancy for duping finance firm of Rs 2.5 crore; police probe in Telangana

Cyberabad police's economic offences wing has filed a case against the directors of an Erragadda-based education consultancy for allegedly defrauding a non-banking financial company of over Rs 2.5 crore. The consultancy directors, B Kishore Kumar and B Shravan Kumar Beengi, are accused of submitting fabricated invoices and forged employee records to secure a loan, subsequently defaulting on repayments and issuing threats.

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